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    Yarmouth, ME Brunswick, ME Harpswell, ME Durham, ME North Yarmouth, ME Chebeague Island, ME Topsham, ME Cumberland, ME
    Apartment Building
    Updated: Jul 30
    Apartment Building

    12 Elm St, Freeport, ME 04032

    $10,495,000
    Built in 1979
    Described as steps from Downtown Freeport
    Address: 12 Elm St, Freeport, ME 04032
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Freeport, ME, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Eastern Promenade Colonial Revival Multifamily
    Eastern Promenade Colonial Revival Multifamily

    63-69 Morning Street, Portland, ME 04101

    $2,690,000
    6,283 sqft 0.17 AC lot

    Rare 5-unit building near Eastern Promenade with flexible layout.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    95 Court Street, Bath, ME 04530

    $950,000
    5,064 sqft 0.39 AC lot

    C2-zoned five-unit property with off-street parking and efficient direct-vent propane heating, near town amenities.

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    Eastern Promenade Multifamily Investment Opportunity
    Eastern Promenade Multifamily Investment Opportunity

    63-69 Morning Street, Portland, ME 04101

    $2,690,000
    6,283 sqft

    Rare 5-unit building near Eastern Promenade with investment and owner-occupancy potential.

    View details
    Multifamily Building with 5 Units
    Multifamily Building with 5 Units

    95 Court Street, Bath, ME 04530

    $950,000
    5,064 sqft

    Five well-maintained residential units, including townhouse-style units with washer/dryer hookups and tenant-paid propane and electric.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

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    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details

    Off-Market Properties in Freeport, ME

    Consider similar Off-Market properties in Freeport, ME. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    176 Us-1
    Individual retail properties

    176 Us-1, Freeport, ME 04032

    Value Estimation by Request
    3,380 sqft 1.00 AC lot
    View details

    Freeport, ME Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Freeport, ME on our real estate platform.

    Sale prices for two-family homes in Freeport, ME average $10,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 8,736
    Population Growth (5Y) +4.2%
    Median Household Income $108,864
    College Educated 27.3%

    High-Yield Neighborhoods for Investment

    Identify Freeport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    04032 $10.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.35%
    Property Tax per SF $35.27 per SF
    Tax Rate vs County Average 0.17 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cumberland County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Cumberland County

    Retail

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Freeport fall within the 100,000+ square foot range.

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